Good luck with your investing and feel free to reach out if you have any questions or if you need any help underwriting a certain deal.  

Don't let them choose for you.Just inspect what you expect....Also I would talk to housing office in Memphis to get a feel of how many people are on the Section 8 waitlist, what kind of rents they pay, what zip codes are they targeting, see if they have any stats about how long tenants stay and average rent.While a lot of people try to look at google street view to get an idea of the neighborhood, there is no substitute for visiting in person.

I feel my feedback is in best interest of OP whether he takes it or not.best wishes to OP.  

If you're interested in learning more about the market or want to discuss potential opportunities, feel free to reach out.

Feel free to PM me if you want to chat.

Sure it does. but depending on who the celebrity is/was.....That's why so many little hotels, boarding houses, vacation rentals, etc..... feature this in their advertising.And in some cases, you will not get more money, but you will get more guests.A little while ago, I went to Tombstone AZ and stayed in 'The first boarding house in Tombstone'....really cool place but kinda small and, well....old feeling.

As a SFR investor for over 15 years I have been wrestling with this question in the past, because it feels like you should upgrade to "bigger".I know for sure that I would not enjoy the ownership experience that comes with a small 4F, because in Milwaukee that typically also means lower income tenants. 

Novation here in the DMV is frowned upon; it feels to me to be unethical 

If you would like their contact info, feel free to reach out! 

Not sure if it's because you started with my name but this response makes me feel more safe to share more details.Its an interesting multifamily that was repositioned to be rented out by bedroom with the majority of the rents being paid by nonprofits.